Stifel Financial Corp lowered its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 222,341 shares of the financial services provider's stock after selling 6,053 shares during the quarter. Stifel Financial Corp owned approximately 0.06% of Capital One Financial worth $33,291,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Y.D. More Investments Ltd bought a new position in Capital One Financial in the second quarter worth approximately $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial during the 2nd quarter worth $29,000. Unique Wealth Strategies LLC bought a new stake in Capital One Financial during the second quarter valued at about $36,000. Catalyst Capital Advisors LLC bought a new stake in Capital One Financial during the third quarter valued at about $36,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after purchasing an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. The Goldman Sachs Group raised their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Royal Bank of Canada raised their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research note on Friday, October 25th. Citigroup started coverage on Capital One Financial in a research report on Friday, September 20th. They set a "buy" rating and a $190.00 price target on the stock. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. boosted their target price on Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a research note on Monday, October 7th. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of "Hold" and an average price target of $160.18.
Read Our Latest Report on Capital One Financial
Insider Buying and Selling at Capital One Financial
In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the company's stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.
Capital One Financial Stock Performance
NYSE COF traded up $2.39 on Friday, hitting $187.96. 2,696,759 shares of the company's stock traded hands, compared to its average volume of 2,860,954. The firm's 50-day moving average price is $170.41 and its two-hundred day moving average price is $151.06. The firm has a market capitalization of $71.71 billion, a PE ratio of 17.75, a P/E/G ratio of 1.35 and a beta of 1.45. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1-year low of $113.42 and a 1-year high of $198.30.
Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm posted $4.45 earnings per share. As a group, analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.
Capital One Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.28%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio is currently 22.66%.
Capital One Financial Profile
(
Free Report)
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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